Business UK tech groups win £4.3m to develop space-based solar power June 13, 2023 British tech companies and universities are to receive millions of pounds of investment to develop new technology that generates solar power from space. The rapidly emerging technology collects energy from…
Business Uber Eats couriers to use zero emission vehicles by 2040 June 8, 2023 All Uber Eats couriers will use zero emission vehicles by 2040, the food delivery company has announced. Deliveries are currently made by staff using cars, motorbikes and bicycles, as well…
Business WhatsApp adding Twitter-like ability to follow with new feature June 8, 2023 WhatsApp is adding the Twitter-like ability to follow accounts outside your personal contacts. The new feature will be in a new section of the app called “updates”, separate from your…
Business Daily Telegraph inches closer to sale after bank seizes control of parent firm June 7, 2023 The Daily Telegraph newspaper has inched closer to a sale after Lloyds Banking Group seized control of its parent firm over unpaid loans and placed it in the hands of…
Business Inflation, Telegraph sale and AI June 7, 2023 The Organisation for Economic Co-operation and Development is warning the UK will have one of the highest inflation rates in the G20 this year. Ian King speaks to the chief…
Business Microsoft boss meets chancellor over blocked merger with Activision Blizzard June 6, 2023 The president of Microsoft has met with the chancellor amid efforts to overturn the competition watchdog’s decision to block its planned takeover of Activision Blizzard. Brad Smith said in a…
Business Coinbase joins Binance in regulator’s firing line as lawsuit is filed June 6, 2023 The largest US crypto asset trading platform has been accused of illegally operating without regulatory approval. The US Securities and Exchange Commission (SEC) said it had filed a lawsuit against…
Business Energy giant fined nearly £10m for securing ‘excessive’ payments June 6, 2023 Energy producer SSE has been hit by a nearly £10m fine for charging the national grid – and bill payers as a result – too much money to power down…
Business Binance is sued by another US regulator, sparking plunge in cryptocurrency values and shares June 5, 2023 US regulators have filed a lawsuit against cryptocurrency exchange Binance alleging a string of violations including the misuse of investor funds. Cryptocurrencies and shares in crypto and blockchain-related companies tumbled…
Business Apple unveils mixed-reality ‘ski goggles’ headset – but it will set you back £2,800 June 5, 2023 Apple has unveiled a mixed-reality headset called Vision Pro – its first entirely new product in eight years. The US tech giant claims the device is “the most advanced personal…
Business Apple set to reveal its first brand new product in eight years – here’s what to expect June 4, 2023 Apple is expected to announce a mixed reality headset – its first brand-new product for eight years – at its annual event for developers. The tech giant’s WWDC showcase is…
Business Debt advice firms banned from receiving referral fees June 2, 2023 Companies that provide guidance for those with money problems are to be banned from receiving referral fees from debt solution providers. The Financial Conduct Authority (FCA) said the new rules…
Business Twitter loses second trust and safety chief since Elon Musk takeover June 2, 2023 Twitter’s head of trust and safety has resigned from the social media company, according to a report. Ella Irwin told Reuters news agency she had resigned, not long after Fortune…
Business Cars, cruises and the cost of a house June 1, 2023 Today on the Ian King Podcast, Wilfred Frost speaks to a senior economist at Nationwide about house prices. He also discusses the difficulties in the car market with Autotrader’s chief…
Business US debt ceiling: What is it and how devastating would a default be? May 30, 2023 Efforts to prevent the United States reaching its debt limit and to avert a potentially catastrophic default on loan repayments on Wednesday move to the Senate, where the vote on…
Business Food inflation slows in May – but still rises 15.4% year-on-year May 30, 2023 Food inflation in the UK has slowed from April’s record-breaking rise – but is still up more than 15% on the year, new retail figures show. Research by the British…
Business Inflation, debt, retail and AI May 26, 2023 Ian King hears from Chancellor Jeremy Hunt, who says the government will do whatever it takes to bring down inflation, even if that means a recession. He also speaks to…
Business Mortgage costs increase as inflation proves persistent May 26, 2023 Britain’s largest building society has made some mortgages more expensive as the Bank of England’s interest rate is now expected to rise higher than previously thought. Nationwide has said interest…
Business World’s second largest cinema chain to exit bankruptcy May 25, 2023 Cineworld is to exit bankruptcy in July, the world’s second largest cinema operator announced on Thursday. The British chain, which is listed on the London Stock Exchange, filed for bankruptcy…
Business Microsoft lodges appeal against block on $75bn Call of Duty deal May 24, 2023 Microsoft will on Wednesday lodge a formal appeal against British regulators’ decision to block its $75bn takeover of Activision Blizzard, the Call of Duty maker. Sky News understands that the…